Oregon Statutes - Chapter 707 - Organization to Conduct Banking Business; Stockholders, Directors and Officers - Section 707.620 - Special stockholder meeting called by director.

If the Director of the Department of Consumer and Business Services considers it expedient the director may call a meeting of the stockholders of any institution or Oregon stock savings bank by giving 15 daysí notice of the meeting to the stockholders in the manner prescribed in ORS 707.611. All necessary expense incurred in the serving of the notice shall be paid by the institution or Oregon stock savings bank. [Amended by 1973 c.797 §85; 1997 c.631 §85]

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Last modified: August 7, 2008